4 6 - October 14, 2011 The Michigan Daily - michigandaily.com FINANCES From Page 1 Technology Startups, which will invest up to $25 million in University start-up businesses over the next decade. He added he is confident that returns on the University's investment in start-up companies will be lucrative. "There's a lot of good things about the initiative," Lundberg said, "but for me, it had to over- come the hurdle of being able to justify taking risks with the endowment money." YOST ICE ARENA PROJECT BACKED BY REGENTS The regents approved the schematic design and funding to improve seating and fan ameni- ties at Yost Ice Arena. Slottow said during the meet- ing that this part of the project must be approved to ensure that construction doesn't interfere with the hockey season and fin- ishes by the fall 2012 deadline. "We are requesting your approval of the schematic design and also to go out (and) to (solicit) bids with some early procurement packages to fit this aggressive schedule," Slottow said. The regents were shown ren- derings of the proposed renova- tion, which includes additional accessible seating for people with disabilities, more concession stands and a new press box. At their June meeting, the regents approved the $14.7 million reno- vation of the 88-year-old build- LABORATORY TO BE HOUSED IN NEW HOSPITAL The regents gave the green light to finish the 11th floor of the new C.S. Mott Children's and Von Voigtlander Women's Hos- pital as a cardiac catheterization laboratory. The hospital is sched- uled to open in November. The laboratory project - estimated to cost $3.45 million - will be funded by the Univer- sity of Michigan Hospitals and Health Centers' resources. In an interview after the meet- ing, Slottow explained that some space in the hospital had been left unfinished to accommodate for future needs that may arise. He said he hadn't anticipated the need for a cardiac catheteriza- tion lab so quickly, but trends show that a pediatric unit in the lab is necessary. REGENTS APPROVE POWER PLANT UPDATE The University's Central Power Plant, which allocates power to Central Campus, will receive an update to its control system after the regents passed a $6.75 million upgrade. At the meeting, Slottow said the project will revamp the Cen- tral Power Plant's system, which heats and cools much of the cam- pus. The project is scheduled to be completed in fall 2014. HONORARY DEGREE RECIPIENTS APPROVED The regents heard the recom- mendations and approved hon- orary degrees to be awarded at Winter Commencement to four people in a variety of fields. University President Mary Sue Coleman read the nomina- tions for honorary degrees. Jill Abramson, executive editor of The New York Times, will give the keynote address at the com- mencement ceremony on Dec. 18 at Crisler Arena. Abramson will also receive an honorary Doctor- ate of Humane Letters. Coleman said Abramson is a compelling candidate for the degree because she serves on the board of directors of the Knight-Wallace Fellowship at the University. Knight-Wallace fellows are professional jour- nalists who are given a grant to study at the University for a one-year period. Coleman added that Abramson represents powerful, professional women as the first female executive editor of the Times - a position she assumed Sept. 6. "We are very excited that she is going to be our commence- ment speaker," Coleman said. Nancy Cantor, chancellor of Syracuse University, will receive an honorary Doctor of Laws degree at the ceremony. Leslie Benet, professor of bio- pharmaceutical sciences and pharmaceutical chemistry at the University of California, San Francisco, and Robert Putnam, the Peter and Isabel Malkin professor of public policy in the John F. Kennedy School of Gov- ernment at Harvard University, will each receive an honorary Doctorate of Science degree. 4 4 FILM From Page 1 Kazmirzack added that the new program saves taxpay- ers money and gives the Film Office the ability to negotiate the appropriations it doles out. Michelle Begnoche, spokes- woman for the Michigan Film Office, said the office cannot start accepting applications and distributing money until state legislators define the parameters that films can use the grants for. Though the office's new budget is 78 percent lower than last year, Begnoche said the transition to a smaller budget is manageable because the office had an "unof- ficial cap" on spending in 2011. "Under the tax credit system, there is no cap," Begnoche said. "However, when the governor made his budget proposal, his directive to our office was that we work within $25 million (in 2011). So we've already been doing this for a year." Even with a significantly smaller budget, the office has not seen a drop in film applications. Begnoche said the Film Office has already approved 21 projects to be filmed next year, and she isn't concerned that filmmakers will stop coming to the state. "Anytime you have $25 million to offer to folks, there are people that are interested," Begnoche said. "Our goal is finding the best projects and attracting the best projects in Michigan." Over the summer, students and Ann Arbor residents were star struck with frequent sight- ings of actor Jason Segel and actress Emily Blunt, who were in. town for the filming of the movie "The Five-Year Engagement," that will premier in 2012. Earlier this year, actors George Clooney and Ryan Gosling made appear- ances in Ann Arbor to film the recently released "The Ides of March." Though the Michigan Legisla- ture passed the state budget ear- lier this year, disagreement over the impact of the reduced Film Office budget remains. State Rep. Jeff Irwin (D- Ann Arbor), who supported the film tax credits, said the addi- tional job creation and spend- ing brought on by increased film production in the state provid- ed much-needed assistance to Michigan's economy. "We saw a tremendous amount of (economic) activity in Ann Arbor and Washtenaw County," Irwin said. "The biggest impact is going to be hotels and restau- rants because they were seeing a tremendous (increase) in busi- ness due to the tax credits." SOPHOMORE From Page 1 tions like juniors and seniors. "You've got these two big clusters of opportunities for stu- dents, and we do have a little bit of a gap in relation to the kind of programming we do for sopho- mores," he said. Sophomore Initiative has three primary components: aca- demic work, internship help and experiential learning. The pro- gram offers academic classes and seminars catered specifically to the needs of sophomores and has also partnered with the Career Center to better prepare LSA students for internships. Additionally, the Sophomore Initiative program provides a number of learning opportuni- ties for LSA students to experi- ence real workenvironments and apply their liberal arts education. Deloria said sophomore year is a critical year in terms of choosing a concentration, and the Sopho- more Initiative helps to point stu- dents in the right direction. "We wanted to create a couple of classes where students could see the college and could see a wide range of opportunities and possibilities in a really short, compressed period of time," Deloria said. LSA sophomore Maxwell Salvatore said he took the class "Twenty Two Ways to Think About Food" to help him narrow down his concentration choices. "I'm currently undecided, and I thought this class was kind of like my last chance to, you know, get a little taste of all sorts of dis- ciplines that are available," Sal- vatore said. "I think it's given me a little bit of an idea of the kind of things that I want to do. It's cer- tainly given me a taste of things I don't want to do." Salvatore participated in the two-day food stamps challenge and ate off $8.60 over the course of 48 hours. During this period, Salvatore said one of the most important things he realized is the importance of planning out meals. "As long as you really do plan, and you don't mind cooking your own meals, I mean it's pretty manageable in terms of eat- ing a variety of foods and cheap foods," he said. Salvatore added that he did get hungry on the first night and during the second day of the experiment. However, he said the experience wasn't long enough to determine whether he could actually live off food stamps. Ultimately, Salvatore said he was glad he participated in the challenge. LSA sophomore Caroline Schiff, who is also in Deloria's class, wrote in an e-mail inter- view that she and her friends combined their money so they could buy food in bulk. "We had to make some sac- rifices, such as buying grape jelly instead of strawberry, so we could save those extra 20 cents," Schiff wrote. "However, we managed to buy a sufficient amount of food for six meals." She added that because of the budget constraint, she had to eat cheap, unhealthy food that she usually tries to avoid. "I prefer to eat healthy, fresh food, which is usually more expensive," Schiff wrote. "I also felt more lethargic throughout the day due to the quality of food I was consuming." The class that administered the experiment features guest lecturers from different depart- ments within LSA, and each guest offers a perspective on food in relation to their areas of study including history, political science, physics and economics. Schiff, said in a separate interview that even though she has already declared her major, she still thought she could gain something from the class. "I kind of wanted a class that was different from my major and anything I've ever taken," Schiff said. "I like how there's a differ- ent lecturer every class and how they give a different perspective on food." Though LSA is a liberal arts institution, Deloria said many students don't get the full ben- efit of liberal arts program- ming because they are often too focused on finding a concentra- tion. One of the objectives of the Sophomore Initiative, he said, is to help students understand the benefits of having a liberal arts education. "We wanted to sort of have some courses where we tried to prepare students better to sort of say, you know, 'Here's who I am, here's what I did while I was here, here's how it translates into my success,"' Deloria said. Margot Finn, a lecturer I in American Culture, is also teaching a Sophomore Initiative class about food titled, "Much Depends Upon Dinner." Finn said looking at food from a mul- tidisciplinary perspective is an effective window into different fields of study. She describes her class as a food studies course, which examines food from a cul- tural perspective. "What's interesting to me about food is that it's both incredibly personal, and we interact with it on a daily basis," Finn said. 4 a AVAILABLE ON CAMPUS! Close CONTACT US ABOUT our 6 & 7 to the Business, Law School, & More! bedroom homes! Varsity Management Call (734)668-1100 or leasing@vasity- www.varsitymanagement.com management.com. 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